Net sales in the first quarter of the fiscal year ending March 31, 2009 increased by 22.9 billion yen. There was a worsening of 15.1 billion yen due to loss on currency exchange because of the strong yen against both US$ and CAN$. This was compensated through an improvement of sales volume & mixture both in Japan and abroad by 37.7 billion yen, and a 0.3 billion yen increase in sales by other 3 internal companies and so on. Operating income was 6.5 billion yen, up by 84% compared to the same period of the previous fiscal year. A decrease in operating income, stemming from the strong yen, an increase in overhead costs and a rise in raw material costs, was more than offset by an improvement of sales volume & mixture and a decrease of R&D expenses. Further details will be explained later. Ordinary income was 7.1 billion yen, also up by 6.5 billion yen compared to the same period of the previous fiscal year. Losses on revaluation of derivatives was compensated for by foreign exchange gains and other factors. Incidentally, 1.0 billion yen was recorded as extraordinary gain, as our subsidiary Subaru Finance changed its method of recognizing of sales or interest revenue on credit. As for extraordinary losses, the following items were posted; 2.9 billion yen from provision for loss on construction contracts in the Aerospace company, and 1.2 billion yen from loss on sales and retirement of noncurrent assets. As such, income before income taxes and minority interests was 4.8 billion yen, and net income this quarter was 1.4 billion yen.